Thread regarding Corinthian Colleges Inc. layoffs

CAMPUS BONUSES

I believe campus bonuses were paid out to directors and presidents around this time of year. As backwards as CCI has been, I bet they're still going forward to pay them out.

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Post ID: @OP+wiOWuFs

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Online has not paid bonuses to Directors in about 2 years. They have not had the money...

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Post ID: @LLQ+wiOWuFs

Bonuses were never paid in the month of June. They are paid out 30 days after the quarter ends, except for 4th quarter which is paid out in September

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Post ID: @hOI+wiOWuFs

If they get paid for bonus from 2013 - then they already earned it - but any bonus for the final quarter of 2014 will have to be put off. If you had a job that salary included bonus, and you earned it, it is part of your pay. Why now get pissed off at those that earn bonus - it is part of the pay package.

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Post ID: @WzW+wiOWuFs

If they paid them and word got out, that would be terrible PR. Think they'll have the common sense to know that, or even care?

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Post ID: @Q3H+wiOWuFs

Actually, the 16M can't be used for bonuses. Reserve cash can be.

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Post ID: @M4j+wiOWuFs

I believe that according to the MOU, they cannot pay bonuses.

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Post ID: @9b7+wiOWuFs

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